The process of probating an estate involves determining how much money will be distributed among beneficiaries, deciding whether any assets should be sold, and figuring out which debts must be paid before distribution begins.
Estate planning is a process involving the counsel of professional advisors who are familiar with your goals and concerns, your assets and how they are owned, and your family structure. It can involve the services of a variety of professionals, including your lawyer, accountant, financial planner, life insurance advisor, banker and broker.
Estate planning covers the transfer of property at death as well as a variety of other personal matters and may or may not involve tax planning. The core document most often associated with this process is your will.
At Grismer | Patterson, LLP we are here to help you with all aspects of your estate planning.